2020 SZL to ZAR Historical Review

YEARLY HIGH

1.0397 ZAR

YEARLY LOW

0.9755 ZAR

YEARLY AVERAGE

1.0008 ZAR

2020 SZL to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SZL to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 3, valuing the pair at 1.0397. Conversely, the yearly low was recorded on April 7, dropping to 0.9755.

This high-to-low spread represents a total annual volatility of 0.0641 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.0035 to the December average rate of 0.9980, the exchange rate registered a net change of -0.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.0397 was up 0.08% compared to the 2019 peak of 1.0388, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SZL based on timing:

Yearly Peak High 5,198 ZAR

2019 Average 5,002 ZAR

Yearly Trough Low 4,878 ZAR

Transaction Impact: A difference of 320.64 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.0051

0.9973

JanuMarcMayJulySeptNove

SZL to ZAR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 1.0023, compared to 0.9992 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 1.0023

H2 Avg (Jul–Dec) 0.9992

Volatility Range Comparison

Volatility

The most volatile month in 2020 was May, with a trading range of 0.0597 ZAR (High: 1.0397 / Low: 0.9800). On the other end, October was the most stable month, with a tight range of 0.0184 ZAR (High: 1.0088 / Low: 0.9904).

May Spread (Volatile) ±0.0597

October Spread (Stable) ±0.0184

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0046 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 0.9990) against the same month in 2019 (average: 0.9996), the exchange rate shifted by -0.0006 (-0.06%).

2020 Avg (May) 0.9990

2019 Avg (May) 0.9996

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0205	0.9927	1.0035
February	1.0247	0.9948	1.0045
March	1.0338	0.9874	1.0036
April	1.0293	0.9755	1.0036
May	1.0397	0.9800	0.9990
June	1.0277	0.9829	0.9998
July	1.0252	0.9882	1.0004
August	1.0252	0.9910	1.0011
September	1.0157	0.9792	0.9988
October	1.0088	0.9904	0.9982
November	1.0182	0.9776	0.9990
December	1.0066	0.9880	0.9980